5-68 As a result of illegal and abusive activities in recent years,new rules and regulations were imposed on mutual fund companies in 2004.These rules were intended to

Question

Quizplus · Accepted Answer

The passage mentions that the new rules and regulations were imposed in response to "illegal and abusive activities" by mutual fund companies. The passage goes on to mention specific goals of the regulations including closing legal loopholes, improving fund governance, giving investors more information about conflicts of interest, and ensuring the accuracy of information given to regulators. Therefore, all of the choices (A, B, C, D) are correct and the best answer is E.

5-68 as a Result of Illegal and Abusive Activities in Recent